A loan of $1,000 helped a member to buy cereals.

Benkadi Group's story

The Benkadi group is composed of 2 widows and 3 married women, who average 36 years old and have, on average, four children. They live in traditional families in the Massablacoura neighborhood in the town of Bougouni. They know each other from neighborhood, friendship, and business ties.

To increase their financial capacity in order to better conduct their business, they joined the micro-finance institution Soro Yiriwaso, with whom they are on their second loan. The previous loan was repaid on time.

This group of women are in the restaurant business and in the selling of cereals.

Bayo, who is the president of the group, is the women seated in the photo. She sells cereals. With her loan, she hopes to buy two 100 kilogram sacs of fonio [a type of millet] from the wholesalers in Bougouni. She makes her sales at a market and from home, in cash and credit to customers, who are women and men. She hopes to earn an average monthly profit of 35,000 francs CFA, which will be invested in their businesses and to repay the loan.

In this group: Bayo, Tina, Oumou, Binta, Sali

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Translated from French by Kiva volunteer Lindsay Ferrara

Loan details

Lenders and lending teams

Loan details